$472 monthly cash flow after all expenses, before vacancy/maintenance
7.1% net cash on cash year one, 10.3% net cash on cash year five
Resale comps in neighborhood $215,000
$472 monthly cash flow after all expenses, before vacancy/maintenance
7.1% net cash on cash year one, 10.3% net cash on cash year five
Resale comps in neighborhood $215,000
*This property is scheduled to be completed within 30 days and will be turnkey upon completion.* This property is very close to Pimlico and Sinai Hospital (less than half a mile) in a great neighborhood off of the Park Heights corridor where major redevelopment is under way. It is in close proximity to the Maryland Zoo, and Baltimore City Community College. There are significant residential and commercial projects taking place throughout this area. We have over 20 properties under management in this direct area, that remain in high demand. This area is also quickly appreciating. There is a local rec center close by, several parks and churches, as well as major shopping. The location is convenient to get downtown or out to the Beltway (695), which is ideal for commuters. Also, has a beautiful community garden less than 10 houses down.